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08 junho 2011

Baixa influência dos BRICS no FMI

The economies of Brazil, Russia, India, China and South Africa together make up about 21% of world GDP. But the European countries have 32% of the votes in the IMF, while the BRICS have 11%. No wonder the BRICS' representatives to the fund issued a rare joint statement deploring Europe's lock on the top job at the IMF, which is made possible in part by the fact that Europe and America between them have nearly 50%of the votes in the IMF's board. Proportionately, sub-Saharan Africa, (excluding South Africa) is the most over-represented region, with 3.1% of the vote but a mere 1.35% of the world economy.



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